diff --git a/llvm/include/llvm/MC/MCAsmInfo.h b/llvm/include/llvm/MC/MCAsmInfo.h
index f5acd1716df4..3734d7e006b4 100644
--- a/llvm/include/llvm/MC/MCAsmInfo.h
+++ b/llvm/include/llvm/MC/MCAsmInfo.h
@@ -93,6 +93,10 @@ namespace llvm {
     /// this value.  Factored out in .debug_frame and .debug_line.
     unsigned MinInstAlignment;                  // Defaults to 1.
 
+    /// DollarIsPC - The '$' token, when not referencing an identifier or
+    /// constant, refers to the current PC.
+    bool DollarIsPC;                         // Defaults to false.
+
     /// SeparatorString - This string, if specified, is used to separate
     /// instructions from each other when on the same line.
     const char *SeparatorString;             // Defaults to ';'
@@ -421,6 +425,9 @@ namespace llvm {
     unsigned getMinInstAlignment() const {
       return MinInstAlignment;
     }
+    bool getDollarIsPC() const {
+      return DollarIsPC;
+    }
     const char *getSeparatorString() const {
       return SeparatorString;
     }
diff --git a/llvm/lib/MC/MCAsmInfo.cpp b/llvm/lib/MC/MCAsmInfo.cpp
index 73dc74a4f20d..152aae15af17 100644
--- a/llvm/lib/MC/MCAsmInfo.cpp
+++ b/llvm/lib/MC/MCAsmInfo.cpp
@@ -35,6 +35,7 @@ MCAsmInfo::MCAsmInfo() {
   LinkerRequiresNonEmptyDwarfLines = false;
   MaxInstLength = 4;
   MinInstAlignment = 1;
+  DollarIsPC = false;
   SeparatorString = ";";
   CommentColumn = 40;
   CommentString = "#";
diff --git a/llvm/lib/MC/MCParser/AsmParser.cpp b/llvm/lib/MC/MCParser/AsmParser.cpp
index 1267dc814cde..21cbd3416ca5 100644
--- a/llvm/lib/MC/MCParser/AsmParser.cpp
+++ b/llvm/lib/MC/MCParser/AsmParser.cpp
@@ -772,9 +772,19 @@ bool AsmParser::parsePrimaryExpr(const MCExpr *&Res, SMLoc &EndLoc) {
   case AsmToken::Identifier: {
     StringRef Identifier;
     if (parseIdentifier(Identifier)) {
-      if (FirstTokenKind == AsmToken::Dollar)
-        return Error(FirstTokenLoc, "invalid token in expression");
-      return true;
+      if (FirstTokenKind == AsmToken::Dollar) {
+        if (Lexer.getMAI().getDollarIsPC()) {
+          // This is a '$' reference, which references the current PC.  Emit a
+          // temporary label to the streamer and refer to it.
+          MCSymbol *Sym = Ctx.CreateTempSymbol();
+          Out.EmitLabel(Sym);
+          Res = MCSymbolRefExpr::Create(Sym, MCSymbolRefExpr::VK_None, getContext());
+          EndLoc = FirstTokenLoc;
+          return false;
+        } else
+          return Error(FirstTokenLoc, "invalid token in expression");
+        return true;
+      }
     }
 
     EndLoc = SMLoc::getFromPointer(Identifier.end());
diff --git a/llvm/lib/Target/PowerPC/MCTargetDesc/PPCMCAsmInfo.cpp b/llvm/lib/Target/PowerPC/MCTargetDesc/PPCMCAsmInfo.cpp
index 1f3e5b49a644..91578a9b5043 100644
--- a/llvm/lib/Target/PowerPC/MCTargetDesc/PPCMCAsmInfo.cpp
+++ b/llvm/lib/Target/PowerPC/MCTargetDesc/PPCMCAsmInfo.cpp
@@ -54,6 +54,8 @@ PPCLinuxMCAsmInfo::PPCLinuxMCAsmInfo(bool is64Bit) {
   // Debug Information
   SupportsDebugInformation = true;
 
+  DollarIsPC = true;
+
   // Set up DWARF directives
   HasLEB128 = true;  // Target asm supports leb128 directives (little-endian)
   MinInstAlignment = 4;
diff --git a/llvm/test/MC/PowerPC/ppc64-operands.s b/llvm/test/MC/PowerPC/ppc64-operands.s
index cb96fd458876..fc1cbeb94b94 100644
--- a/llvm/test/MC/PowerPC/ppc64-operands.s
+++ b/llvm/test/MC/PowerPC/ppc64-operands.s
@@ -108,3 +108,8 @@
 # CHECK: beqa 0, 1024                    # encoding: [0x41,0x82,0x04,0x02]
          beqa 1024
 
+# CHECK:                                 # encoding: [0x42,0x9f,A,0bAAAAAA01]
+         bcl 20, 31, $+4
+
+# CHECK:                                 # encoding: [0x42,0x00,A,0bAAAAAA00]
+         bdnz $-8